PVN
Open bankruptcyA bankruptcy procedure is open for PVN according to publications in the Belgian State Gazette; curator: PHILIP RAUTER. The 2024 annual accounts show equity of €40k and a net result of €17k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 05-05-2025, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
5 d late
2023
1 d early
2022
3 d early
2021
2 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€40k▲ 74.1%
2023 · €23k
2021: €11k
2022: €12k
2023: €23k
2021 → 2024
Total assets
€94k▲ 22.8%
2023 · €77k
2021: €66k
2022: €52k
2023: €77k
2021 → 2024
Net result
€17k▲ 53.0%
2023 · €11k
2021: €9k
2022: €495
2023: €11k
2021 → 2024
Working capital
€44k▲ 62.5%
2023 · €27k
2021: €11k
2022: €14k
2023: €27k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€11k-€12k▲ 4.3%€23k▲ 93.9%€40k▲ 74.1%
Operating result€12k-€659▼ 94.6%€15k▲ 2,210%€22k▲ 42.4%
Net result€9k-€495▼ 94.7%€11k▲ 2,155%€17k▲ 53.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 42% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €94k
Fixed assets
€15k
Current assets
€79k
Equity and liabilities €94k
Equity
€40k▲ 74.1%
Debt
€54k▲ 0.7%
The debt ratio falls from 69.9% to 57.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k
Cash flow
€21k
Solvency
42.7%▲
2023 · 30.1%
Current ratio
2.24▲
2023 · 1.54
Quick ratio
2.19▲
2023 · 1.48
Debt / equity
1.34▼
2023 · 2.32
ROE
42.6%▼
2023 · 48.4%
ROA
18.2%▲
2023 · 14.6%
Interest coverage
90.03
Debt
€54k▲
2023 · €53k
Debt ≤ 1 year
€35k▼
2023 · €50k
Income taxes
€5k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€77k€94k▲
Fixed assets21/28-€15k
Tangible fixed assets22/27-€15k
Plant, machinery and equipment23-€3k
Furniture and vehicles24-€12k
Current assets29/58€77k€79k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€46k€71k▲
Trade receivables40€38k€67k▲
Other amounts receivable41€8k€4k▼
Cash at bank and in hand54/58€16k€3k▼
Deferred charges and accrued income490/1€12k€3k▼
Equity and liabilities
Total equity and liabilities10/49€77k€94k▲
Equity10/15€23k€40k▲
Contributions10/11€2k€2k=
Outside capital11€2k€2k=
Other1109/19€2k€2k=
Profit (loss) carried forward14€21k€38k▲
Amounts payable17/49€53k€54k▲
Amounts payable within one year42/48€50k€35k▼
Trade debts44€36k€29k▼
Suppliers440/4€36k€29k▼
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€10k€1k▼
Accrued charges and deferred income492/3€4k€19k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4k
Other operating charges640/8€294€3k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€16k€36k▲
Operating profit (loss)9901€15k€22k▲
Financial income75/76B€298€428▲
Recurring financial income75€298€428▲
Financial charges65/66B€187€289▲
Recurring financial charges65€187€289▲
Profit (loss) for the period before taxes9903€15k€22k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€11k€17k▲
Profit (loss) for the period to be appropriated9905€11k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€38k▲
Profit (loss) brought forward from the previous period14P€10k€21k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
21-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · PVN BV BOOMSE- STEENWEG 690, 2610 WILRIJK (ANTWERPEN) · event 15-01-2026
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 5 days late
2024
30-09
Financial
Highest result since 2021net €17k ▲53%
Operating result €22k, net result €17k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €495 ▼94.7%
Net result drops to €495, the lowest in the series.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Boomsesteenweg 6902610 AntwerpenGround area
3,436 m²
Building footprint
1,972 m²
Volume, LiDAR
23,607 m³
Parcel 11463D0280/00Z000, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PVN
since 20202.298.340.764
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0280/00Z000 | Flanders | 3,436 m² | 1 · 1,972 m² | 16.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIP RAUTER KAPUCINESSENSTRAAT 13,
2000 ANTWERPEN 1 |
15-01-2026 → present |
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,858 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2020
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.